Uwm holdings corporation announces first quarter 2023 results

Pontiac, mich.--(business wire)-- #uwmc--uwm holdings corporation (nyse: uwmc) (the "company"), the publicly traded indirect parent of united wholesale mortgage (“uwm”), today announced its results for the first quarter ended march 31, 2023. total loan origination volume for the first quarter was $22.3 billion, of which $19.2 billion was purchase volume. the company reported a 1q23 net loss of $138.6 million, inclusive of a $337 million decline in fair value of msrs, and diluted loss per share of $0.13.
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